A complete rundown on this unique digital fundraiser
Choose something different for your next campaign. BFI’s Believe Online Fundraiser is a game changer for both product and digital school fundraising. To help prepare you to fundraise outside the box, we outline everything you need to know about this BFI campaign.
What is BFI’s Believe Online Fundraiser?
This campaign sets up a digital store complete with the option to view and purchase from a digital brochure or shop by product category. Buyers can choose from a wide variety of products or make direct donations. The campaign uses a peer-to-peer strategy. This means that several participants (think every student or supporting community member) can create and market their own landing page. Their network can purchase directly from this page. Proceeds from all registered pages are collected as one profit for the overall campaign.
What Makes it Different?
The campaign is set up and managed by the company. This means logistics are covered and staffing is not needed. The only thing your school needs to do is boost fundraiser page registration and watch the purchases roll in. The campaign is also 100% digital. Digital campaign advantages include being convenient, easy to use, and secure for buyers. Plus, they allow for faster processing of deliveries and revenue.
What sets this fundraiser apart from other BFI online fundraisers is the wealth of products available. Instead of only selling tumblers or candy, buyers can access all types of products at once. This dramatically increases the chance that your market will purchase and may even mean they will buy more. Buyers also receive free shipping for orders over $75.
Is a Believe Online Fundraiser Profitable for Schools?
Schools have the potential to reach and exceed their fundraising goals with this type of fundraiser. For one, operational costs are nearly eliminated due to digital processing and direct product delivery to customers. Additionally, there is potential for a high profit margin on items sold.
Your return is based on the number of purchases you receive. Every ten items sold bumps you into a higher tier with a higher earning potential. The profit margin starts at 25% of revenue. If you sell 50 or more items, you can increase your profit margin to 40%. The more items you sell, the more you earn.
Benefits of Hosting a Believe Online Fundraiser
There are many benefits of hosting a Believe Online Fundraiser with BFI. A few examples include:
- You can raise money without using order forms.
- There is no physical exchange of money.
- You don’t need to receive, store, or distribute products.
- Buyers can choose from a wide range of products- over 600.
- Take advantage of the peer-to-peer fundraising setup to extend your reach.
- You have access to an online portal with real-time sales progress reports.
Types of Products Available
There are over 600 products for your buyers to choose from, spanning nearly every market. Types of products available for purchase include:
- gourmet snacks
- kid’s items
- pet’s items
- Tervis tumblers
- gift wrap
- holiday items
- direct donations
To learn more or start your fundraiser today, click here. To learn about other fundraising opportunities, subscribe to our free monthly newsletter for school fundraising news, tips, and more.
Clay Boggess has been designing fundraising programs for schools and various nonprofit organizations throughout the US since 1999. He’s helped administrators, teachers, and outside support entities such as PTAs and PTOs raise millions of dollars. Clay is an owner and partner at Big Fundraising Ideas.